Flooved Scores Funds to Open Access to Study Materials

FLOOVED: Undisclosed "significant round of funding" to London-based Flooved from "posh angel investors" such as Stephan Shakespeare and Lord Michael Ashcroft, reports VentureBeat. The company had raised a $600K seed round in January 2013. Founded in 2011 at a London pub, the company offers students access to lecture notes, handouts, study guides, and selected content from textbooks. According to The Bookseller, the founders backed out of its original mission to be a "Spotify for textbooks" after having trouble getting major publishers to sign on. The company is currently conducting a trial with five universities and has over 8,000 users.

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